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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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Oct 14, 2012
10/12
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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Oct 14, 2012
10/12
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>> reporter: when president ronald reagan uttered that one line. president obama hopes that one exception is the only one. >> that debate. what happened? >> coverager romney had a good night. i had a bad night. >> how bad? >> it's not the first time i had a bad night. what is important is the fundamental of what this race is about haven't changed. >> karl rove wrote that the first debate will be seen as the decision point in this election. do we make too big a deal out of debates? or does mr. rove have a point? >> we make too big a deal in that it's hard to argue that debates test or reveal aptitudes that are pertinent to the performance of presidential duties. debates are now semiconstitutional events. you cannot become president without participating. clearly, in close elections, '60, '76, 2000, it's plausible to say they caused enough change to be the margin of difference. with regard to this year's, it's too soon to say whether the surge mitt romney got from his debate performance is enough or not. if it is durable, it will be because what happ
>> reporter: when president ronald reagan uttered that one line. president obama hopes that one exception is the only one. >> that debate. what happened? >> coverager romney had a good night. i had a bad night. >> how bad? >> it's not the first time i had a bad night. what is important is the fundamental of what this race is about haven't changed. >> karl rove wrote that the first debate will be seen as the decision point in this election. do we make too big...
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Oct 7, 2012
10/12
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reagan has done and opposes what ronald reagan wants to do, the joint chiefs of staff and the secretary of defense and says let's go slow on further disarmament in trying to get the next treaty. i think that's a mistake. i think that you have to deal with the russians from strength and we have to understand that you have to have a strong modernized nuclear deterrent, but i think we can make substantial progress and we ought to take advantage. i think he's arrived at a very dangerous judgment in the question of war and peace and it concerns me very much. because i saw him also try to sabotage the inf treaty when it was on the floor of the united states senate with what he was doing there. he's listening once again to the winds of the radical right. >> senator. >> my light was still on, judy. >> john margolis, a question for senator quayle. >> senator quayle, i want to go back to the matter of qualifications, which i think for most people is more than just your >> john, we can't hear you. >> can you hear now? >> i can hear you. [laughter] >> i want to go back to the question of qualificat
reagan has done and opposes what ronald reagan wants to do, the joint chiefs of staff and the secretary of defense and says let's go slow on further disarmament in trying to get the next treaty. i think that's a mistake. i think that you have to deal with the russians from strength and we have to understand that you have to have a strong modernized nuclear deterrent, but i think we can make substantial progress and we ought to take advantage. i think he's arrived at a very dangerous judgment in...
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Oct 13, 2012
10/12
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FOXNEWSW
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ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should have said to joe biden. he voted for 50 to 28%. and the democrats led the fight over the years and kerry brown he wanted 100 percent to pay income tax at the exact same rate and came in second in the primary in 1992 in the democratic party. everyone knows you should have a low rate flat tax for economic growth and/or fairness. it is the right way to go. >> i'm sorry. but everyone having skin in the game. >> exactly. >> they are not looking at the poorest among us. but if you have a stake in the game you are interested in the game and you
ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should...
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Oct 12, 2012
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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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Oct 12, 2012
10/12
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CNN
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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Oct 12, 2012
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ronald reagan and president carter. and for that one they offered me a seat in the hall and i took it and it turned out to be the worst place in the world to watch a presidential debate because everyone in america of course is watching it on tv and you get a different perspective in the hall. it's not -- in many events it's great to be inside where it's actually happening. i think for a journalist that's not the case for these presidential debates. every debate since then i've covered off tv. i'll be in the media filing center watching those tv screens and frantically trying to meet my first deadline when it comes up and wanting to see the debate just as american voters will be seeing it. >> when is the first time you have to file tonight? >> sadly the first time i have to file tonight is 9:35. so that will be a pretty tentative story because the debate will have just begun. and so -- but then i have another hour before my second edition deadline so that story should be able to be a little more conclusive. >> we have a
ronald reagan and president carter. and for that one they offered me a seat in the hall and i took it and it turned out to be the worst place in the world to watch a presidential debate because everyone in america of course is watching it on tv and you get a different perspective in the hall. it's not -- in many events it's great to be inside where it's actually happening. i think for a journalist that's not the case for these presidential debates. every debate since then i've covered off tv....
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Oct 7, 2012
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they are paying no more than they did under ronald reagan. >> i do take issue with some of the principal, that redistribution of wealth principle. when you talk about barack's plan to tax increase affecting only those making 4250,000 that category. onesey're going to be the paying higher taxes thus resulting in fewer jobs being created and less productivity. now you said recently that higher taxes or asking for higher taxes or paying higher taxes is patriotic. in the middle class of america which is where todd and i have been all of our lives, that's not patriotic. patriotic is saying, government, you know, you're not always the solution. in fact, too often you're the problem so, government, lessen the tax burden and on our families and get out of the way and let the private sector and our families grow and thrive and prosper. an increased tax formula that barack obama is proposing in addition to nearly a trillion dollars in new spending that he's proposing is the backwards way of trying to grow our economy. >> governor, are you interested in defending senator mccain's health care plan?
they are paying no more than they did under ronald reagan. >> i do take issue with some of the principal, that redistribution of wealth principle. when you talk about barack's plan to tax increase affecting only those making 4250,000 that category. onesey're going to be the paying higher taxes thus resulting in fewer jobs being created and less productivity. now you said recently that higher taxes or asking for higher taxes or paying higher taxes is patriotic. in the middle class of...
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Oct 12, 2012
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>> ronald reagan -- >> biden trying to make a moment of his own capitalizing when ryan brought up jfk. >> this is a bunch of stuff. look, here's the deal. >> what does that mean, a bunch of stuff? >> it's irish. >> we irish call it malarkey. >> it all came down to, again, stuff in this light moment. >> joe and i are from similar towns. he's from scranton, pennsylvania, i'm in james, wisconsin. you know what the unemployment is in scranton? 10%. when you guys came in it's 8.5%. >> you don't read this. that's not how it's going. it's going down. >> look -- >> all right. you're going to hear more about the debate coming up throughout the day on msnbc. that is going to wrap up this hour of "jansing and company." i'm chris jansing. richard lui is in next. >> malarkey was my favorite. one of the top tweeted moments. >> unbelievable how much traction that got. >> have a good weekend. coming up this next hour, pardon the interruption, the vice president brings the heat with laughs, guffaws and jabs that some say in a debate too hot for congressman paul ryan. who won, who lost? joining me to t
>> ronald reagan -- >> biden trying to make a moment of his own capitalizing when ryan brought up jfk. >> this is a bunch of stuff. look, here's the deal. >> what does that mean, a bunch of stuff? >> it's irish. >> we irish call it malarkey. >> it all came down to, again, stuff in this light moment. >> joe and i are from similar towns. he's from scranton, pennsylvania, i'm in james, wisconsin. you know what the unemployment is in scranton? 10%....
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Oct 13, 2012
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. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, enacted after his death, took the top marginal tax rate from 91% to 71% over a two-year period. lots of loopholes, but the growth argument, gdp rose by barely a percent during that time. isn't much when the economy was growing at a rate like china's, but the u.s. was at the time. they got a boost, but not much of one. ronald reagan's first big tax cut went into effect, and the economy did surge. economic growth went from 4.9% to north of 8%. year three, not so impressive. look at quarters, there were some drops. for perspective, today, the top marge call tax rate is 30%, not like are you at 70 or 90. can a r
. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now....
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Oct 11, 2012
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. >> in addition, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would flip the switch if they had any possibility to. we saw a romney moved -- who his family had been encouraging the campaign to let him be more of himself, less scripted. we saw him all come out. he has to do with two more times. there are a number of countries that will tell you you only get one single attack. [laughter] to apologize to any of the ambassadors of our exalted -- insulted. charlotte -- charlie mentioned new jersey leno. it abused me hearing the obama's cams series of excuses. david letterman did the top 10 excuses. number 5 was mitt romney's here is mesmerizing. number 2 was asked osama bin
. >> in addition, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would...
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Oct 12, 2012
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>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> so we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i'm going to get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics -- >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies guaranteed, verified this math adds up. >> vice president biden? >> let me translate. let m
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of...
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Oct 12, 2012
10/12
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CNNW
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan -- he gave specifics to what he was going to cut, number one, in terms of tax expendit
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with...
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Oct 14, 2012
10/12
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FBC
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ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth year in a row. the administration does not have a lot of bragging rights. 15% on f
ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business...
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Oct 12, 2012
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employed during harry truman's administration to ronald reagan's. collecting memorabilia that offers a three-dimensional timeline of the presidential families. truman's lighter, jfk's monogrammed baby pen. even a burnt wooden post from 1814 when the british set fire to the white house which arrington found at work during the truman reconstruction. >> found a table in the carpenter shop. >> reporter: he helped with the kennedy renovation and collected items from the first lady herself including a handwritten thank you note after the death of her son patrick. >> real people with real lives and a lot of this collection demonstrates that fact. >> i'm sure when he was collecting them he never thought they would be of great value but today we live in history. >> reporter: 1,000 things that arrington saved will be auctioned off today starting from $25 to $12,000. just like presidential life, the collection is bittersweet. wedding and inauguration announcements, memories of an assassination and a funeral. >> when i dug down the bottom of the box i found the
employed during harry truman's administration to ronald reagan's. collecting memorabilia that offers a three-dimensional timeline of the presidential families. truman's lighter, jfk's monogrammed baby pen. even a burnt wooden post from 1814 when the british set fire to the white house which arrington found at work during the truman reconstruction. >> found a table in the carpenter shop. >> reporter: he helped with the kennedy renovation and collected items from the first lady...
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Oct 13, 2012
10/12
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. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective source that this could cost treasury 5 tril
. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i...
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Oct 11, 2012
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reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did not. >> to the extent there has been a marked absence of collaboration or friction between the worlds of politics and business, you but the lion's share on the political side? >> i would put more on the political side. everyone i know is coming down and asking what they can do for help. it surprised me when someone asked a question, do you want universal health care pro- american citizens, 80% say yes. they wanted done right a certain way, but there was a huge effort to pull together to make it work. it didn't happ
reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did...
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. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair. that is fair. do you think these guys are going to go out there and cut the loopholes? the biggest loophole they take advantage of is the carriage entrance loophole and the capital gains loophole. the reason that the american enterprise study, the tax policy center study all say taxes will go up on the middle-class is it is the only way you can find at $5 trillion and loopholes as to cut the mortgage deduction for middle-class people, take away their ability to get a tax break to send their kids to college. >> is he wrong about that? >> he is wrong about that. and cut tax rates by 20% and still prese
. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair....
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. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected, should those who believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or interrupting a guy who's lying to america? >> it was openly contemptuous and disrespectful. >> karen finney on the right wing freak-out over joe biden's knockout performance. >> ever felt that way where you just want to deck somebody? >> an obnoxious drunk. i think somewhere during the debate he took ritalin. >>> good to have you with us tonight, folks. thanks for watching. what did we see? we witnessed a schooling on the issues by vice president joe biden last night. it really was the shot in the arm the democrats and the progressives were hoping for. after watching mitt romney get away with lie after lie
. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected, should those who believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or...
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Oct 12, 2012
10/12
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KNTV
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>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 paid more than that. do you think that's fair? he said oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, the reason why. aei study, the american enterprise institute study, the tall policy center study, the reason they say taxes are going up on the middle class, the only way you can find $5 trillion in loopholes is cut the
>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on...
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Oct 11, 2012
10/12
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when ronald reagan got into office, he started regulating everything. before he got out of office, missouri was losing its shoe factories. in 1991, our factory closed and sold as several others. -- and so did several others. these people are not for the american people. they are out for the rich people in this country and i think it is sad when a democrat gets into office, they turn into bullies. they don't want the democrats to get a thing done. i think it is so pathetic. they are getting paid to work for this country and instead they are just a bunch of bullies. host: what about her sentiment? guest: i think vice president joe biden is interested in these issues. one thing he has worked and in the by president say is a task force or a commission -- in the vice presidency is a task force to work on this. these issues about jobs being exported and jobs leaving and about diminished security for the middle-class -- the questions that joe biden has thought a lot about. at a general level, he would be quite comfortable talking about this with paul ryan and
when ronald reagan got into office, he started regulating everything. before he got out of office, missouri was losing its shoe factories. in 1991, our factory closed and sold as several others. -- and so did several others. these people are not for the american people. they are out for the rich people in this country and i think it is sad when a democrat gets into office, they turn into bullies. they don't want the democrats to get a thing done. i think it is so pathetic. they are getting paid...
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Oct 12, 2012
10/12
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FBC
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>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which were not good, one is they were incompetent the other, they were lying. neil: true to your word, keeping it straight and simple like your old boss. if it takes away from this administration. you heard from time again from vice president that osama bin l
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows...
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Oct 7, 2012
10/12
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WMAR
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ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending, not touching medicare, i mean there's a lot of things that don't add up but because romney has not given the details doesn't give the president the right to make them up for him. he is not going to have a $5 trillion net tax cut. >> absolutely good at details -- >> that's not his plan. >> but i think to say there's a $5 trillion tax cut to be offset by mystery meat. you know, that's a correct statement. >> or -- >> there's a $5 trillion tax cut, well, we don't know what it is he's going to do but what he proposed is a $5 trillion tax cut plus he says, trust me, i'll do something different. >> what can be more legitimate in saying y
ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending,...
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Oct 14, 2012
10/12
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ronald reagan famously said that the soviet union was the evil empire. do you think that russia under vladimir putin is an evil empire? >> i think they've engaged in an evil behavior and i think that it is important that we understand they're not the old soviet union but they still have nationalist impulses that i think are very dangerous. >> senator mccain? >> maybe. >> maybe. >> depends on how we respond to russia and it depends on a lot of things. if i say yes, then that means that we're reigniting the old cold war. if i say no, it ignores their behavior. obviously energy is going to be a big, big factor. and georgia and ukraine are both major gateways of energy into europe. and that's one of the reasons why it's in our interest. but the russians, i think we can deal with them but they've got to understand that they're facing a very firm and determined united states of america that will defend our interests and that of other countries in the world. >> all right. we're going to try to get in two more questions, if we can. so we have to move along. over
ronald reagan famously said that the soviet union was the evil empire. do you think that russia under vladimir putin is an evil empire? >> i think they've engaged in an evil behavior and i think that it is important that we understand they're not the old soviet union but they still have nationalist impulses that i think are very dangerous. >> senator mccain? >> maybe. >> maybe. >> depends on how we respond to russia and it depends on a lot of things. if i say yes,...